On Wire

Breaking news, updates, and reports on current events.

China Using Oil to De-Dollarize World

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It’s no secret that the United States of America became a superpower as a result of World War 2. Even before the war officially concluded, the United States secured its long-term economic viability with the Bretton Woods Agreement. The upshot of that 1944 meeting of delegates from 44 countries in Bretton Woods, New Hampshire was … Read more

Sleep experts say Standard time, not daylight saving, should be permanent

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Leave to the wealthy idiotic senators who design a permanent time system around their golf outings disregarding public health and the safety of our children. Sleep experts say Senate has it wrong: Standard time, not daylight saving, should be permanent Sleep experts widely agree with the Senate that the country should abandon its twice-yearly seasonal … Read more

Stagflation Alert! Moody’s, On Global Economic Outlook: We Are Reducing Global Economic Growth Projections And Raising Inflation Forecasts.

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MOODY'S, ON GLOBAL ECONOMIC OUTLOOK: WE ARE REDUCING GLOBAL ECONOMIC GROWTH PROJECTIONS AND RAISING INFLATION FORECASTS. — FinancialJuice (@financialjuice) March 17, 2022 The y/y change in US rail volumes demonstrate freight downturns The Economic slowdown is here = stagflation UBS pic.twitter.com/0RxoiDqvbm — Alessio (@AlessioTMAD) March 17, 2022 https://twitter.com/MFHoz/status/1504450853570289669 Philly Fed Expectations Plunge As Prices Paid … Read more

How anyone can listen to Powell and have any confidence at all that he knows what he’s doing is beyond me. The guy makes Brian Deese look smart.

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Powell said that in hindsight they should have moved quicker to counteract inflation. Wouldn’t logic say that because they didn’t they would need to play catch up and move quicker now?? 25bps? At this point who can take them seriously, they have no intent on fighting inflation! — The Commoner (@thecommone) March 17, 2022  

Risk Accumulates Where No One Is Looking For It

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by Charles Hugh-Smith All this decay is so incremental that nobody thinks it possible that it could ever accumulate into a risk that threatens the entire system. The funny thing about risk is the risk that everyone sees isn’t the risk that blows up the system. The mere fact that everyone is paying attention to the risk tends … Read more

This is How You End Up Owning Nothing and Liking It

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by Chris Black World Economy Braces For Supply Chain Chaos As COVID Closes China   https://t.co/UjUbZ7qygj — zerohedge (@zerohedge) March 16, 2022 It doesn’t matter anyway. We have reached the point where retail margins have expanded to the point that you can’t make a profit selling anything to them. Shipping costs ate up all the margin … Read more

There Is No Global Economy, Just Fraudulent Stocks Propped Up With Fiat Currency

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by Chris Black Fiat currency is basically toilet paper money. Chinese Tech Stocks Explode As Much As 40% Higher Two Days After JPM Calls Them "Uninvestable" https://t.co/zb0j0bixUr — zerohedge (@zerohedge) March 16, 2022 The higher stocks go, the worse the real productive economy gets. It has always been this way. While the brokers are overdosing … Read more

Kamala Harris loses her NINTH staffer since June: VP’s deputy press secretary Sabrina Singh heads for the Pentagon after her trip to Europe – leaving just ONE of her senior communications staff left

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Singh worked with the vice president for over two years, joining the then-senator’s team in March 2020 during the presidential campaign Of the four-person senior press shop that began with Harris, only one remains – Herbie Ziskend  It marks the latest departure as Harris looks to recover from poor poll ratings Last year Harris was … Read more

California bill aims to make tech firms liable for social media addiction in children

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A pair of California lawmakers introduced a bill that aims to hold technology companies liable for social-media addictions that may affect children. The bill would let parents and guardians sue platforms that they believe addicted children in their care through advertising, push notifications and design features that promote compulsive use, particularly the continual consumption of … Read more

13 lessons for retail folks

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by TwoFlakesTooCheap During my time at one of the startups I made a similar sheet and hung it on my door. It was fun conversation starter. I hope people enjoy this. 1.       Have patience. Buy Good stocks at cheap prices. 2.       Understand Risk vs. Reward. Bonds, ETF/MTF, S&P500, Large Cap, Mid Cap, Small Cap, Penny stock, OTC. As you go up this … Read more

Commodity houses running short on liquidity, cause of commodity drop

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  https://www.washingtonpost.com/business/energy/too-big-to-fail-risk-looms-over-commodities/2022/03/16/d6bc2ef0-a4f6-11ec-8628-3da4fa8f8714_story.html Wondering why commodity prices have been dropping despite the supply/demand imbalance. Well, commodity trading houses have seen margin calls and are short of liquidity, many have been unable to buy commodities to be delivered to refiners/end users. Expect shortages of finished products as end user inventory draws down over the next month or … Read more

Do I Detect A Trend? US Treasury 10Y-5Y Slope Hits Zero (Inversion Imminent) As USD OIS Curve Steepens (Nickel UP 66.25%)

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by confoundedinterest17 Today’s hawky-dove announcement by The Fed (raises rates by only 25 basis points, but hints that many rate hikes are around the corner. The US Treasury 10Y-5Y curve has slumped to zero as inflation climbs and the number of rate hikes hits 7. Do I detect a trend? And then there is the USD Overnight Indexed Swap … Read more

This Tennessee Rep Just Gave A BiG Middle Finger To The Democrat Party

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https://www.youtube.com/watch?v=fyyfbqdxHLA Trending Politics reports, With Brandon in charge of the presidency and such…distasteful people as Schumer and Pelosi running the Democratic-controlled legislature, is the Democratic Caucus doing well at rallying public support and showing how great it is? Read More/Source/Credit/FairUse: https://trendingpolitics.com/dying-pa…

Inside Big Tech – an insider’s view of the work and cultural environment of the woketards who are ruining the world

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This is about those who is ruining the world with social media and who are helping Klaus Schwab implement the Great Reset and the end of humanity. A very sad, loveless group of people. https://twitter.com/HazardHarringto/status/1503835697437884423 https://twitter.com/HazardHarringto/status/1503835821106995207 https://twitter.com/HazardHarringto/status/1503836297357627399 https://twitter.com/HazardHarringto/status/1503836425854275590 https://twitter.com/HazardHarringto/status/1503836652212477953 https://twitter.com/HazardHarringto/status/1503836781992718338 https://twitter.com/HazardHarringto/status/1503836974309859329 https://twitter.com/HazardHarringto/status/1503837338962743299 MORE… AC